Insider Buying: Herald (LON:HRI) Insider Buys 2,220 Shares of Stock

Herald (LON:HRI) insider Christopher Metcalfe bought 2,220 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The stock was bought at an average cost of GBX 2,263 ($29.11) per share, for a total transaction of £50,238.60 ($64,623.87).

Herald Price Performance

LON HRI opened at GBX 2,155 ($27.72) on Monday. The firm’s fifty day moving average price is GBX 2,204.15 and its 200 day moving average price is GBX 2,124.54. The company has a market capitalization of £1.19 billion, a price-to-earnings ratio of 2,660.49 and a beta of 0.88. Herald has a 12 month low of GBX 1,590 ($20.45) and a 12 month high of GBX 2,305 ($29.65).

About Herald

Herald Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Herald Investment Management Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the technology, telecommunications, and multi-media sectors.